If you want an apple, why price an orange?

There's no need to call around and search the internet for interest rates. In today’s environment rates are influenced by a variety of factors. These factors are not always reflected in fast rate quotes.

When comparison shopping for the best rate, be aware that the variables below can influence the loan rate you receive. It's important that these variables are consistent in your comparison:

• Loan type (Conventional, FHA, VA, etc.)
• Loan product (fixed rate, variable rate, etc.)
• Loan term (various loan terms available)
• Loan purpose
  (purchase, refinance, cash-out refinance, etc.)
• Loan-to-Value
  (loan amount/appraised value or purchase price)
• Credit score (FICO)
• Points and discount fees
• Property use
  (primary residence, investment property, etc.)
• Property location

Contact one of our professional Loan Officers and they will make sure, through a personalized rate quote, you are comparing apples to apples.

Federal Reserve Tips & Tools
Helpful information to guide your mortgage lending decisions.